10 business groups oppose P200 wage hike

MANILA, Philippines — AT least 10 business groups are opposed to the proposed P200 legislated wage increase approved by the House of Representatives on third and final reading, a counterpart measure to the P100 wage increase approved by the Senate last year. These are the Federation of Filipino-Chinese Chambers of Commerce and Industry, Inc. (FFCCCII), … Read more

Quiet Quitting to Lowering Expectations: The New Employment Trend

Worker Satisfaction Plummets Amid economic Uncertainty Table of Contents Worker Satisfaction Plummets Amid economic Uncertainty Worker Satisfaction Plummets Amid Economic Uncertainty Diminished Expectations Key Indicators of Declining Morale The Pandemic’s Impact and the Shift in Worker Sentiment Recession Fears Loom Large The Trump Trade Policy Factor Expert Insights on Worker Anxiety Financial Prudence advised The … Read more

Czech Republic: Low Labor Costs Compared to EU Average

Archyde Czech Republic’s Labor Costs Lag Behind EU Average: A Deep Dive By Archyde News Team – in-Depth Economic Analysis January 1, 2024 The Czech Republic’s Wage Reality: An Uphill Battle Recent data published by Eurostat, the statistical office of the European Union, paints a clear picture: The Czech Republic continues to lag behind the … Read more

DOLE says P200 wage hike would hurt small businesses

MICRO, small and medium enterprises (MSMEs) should be taken into consideration before making a decision on the proposed P200 daily wage increase, the Department of Labor and Employment (DOLE) said on Saturday. “Whether it’s doable or not doable, perhaps to put it in its proper context, out of the more than 1 million enterprises in … Read more